Military expenditure (current USD) in IDA total

IDA total: Military expenditure was 40.23 billion current USD in 2024. ◆ Volatile

Latest (2024)
40.23 billion current USD
Change on year
up 9.3%
Rank
32nd
of 44 groups
All-time high
46.77 billion current USD
in 2005
All-time low
2.23 billion current USD
in 1970
Years of data
54
1970–2024

Military expenditure in IDA total, 1970–2024

010.0B20.0B30.0B40.0B50.0B197019972024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

In 2024, military expenditure in IDA total stood at 40.23 billion current USD.

That represents a change of up 9.3% on the previous year and up 33.4% over ten years.

Over the whole period, military expenditure in IDA total peaked at 46.77 billion current USD in 2005 and was at its lowest, 2.23 billion current USD, in 1970.

IDA total ranks 32nd of 44 groups on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in IDA total, year by year

Annual values for Military expenditure (current USD) in IDA total, 1970 to 2024.
Year current USD Change
1970 2.23 billion current USD —
1971 2.38 billion current USD +6.5%
1973 2.96 billion current USD +24.5%
1974 3.83 billion current USD +29.4%
1975 6.24 billion current USD +62.9%
1976 6.17 billion current USD -1.1%
1977 7.32 billion current USD +18.6%
1978 8.28 billion current USD +13.2%
1979 9.34 billion current USD +12.7%
1980 10.52 billion current USD +12.7%
1981 9.88 billion current USD -6.1%
1982 9.54 billion current USD -3.4%
1983 9.64 billion current USD +1.0%
1984 10.13 billion current USD +5.0%
1985 10.17 billion current USD +0.5%
1986 10.17 billion current USD -0.1%
1987 10.25 billion current USD +0.8%
1988 10.98 billion current USD +7.1%
1989 8.44 billion current USD -23.2%
1990 12.43 billion current USD +47.3%
1991 13.02 billion current USD +4.7%
1992 12.81 billion current USD -1.6%
1993 12.64 billion current USD -1.3%
1994 13.87 billion current USD +9.7%
1995 13.76 billion current USD -0.8%
1996 14.43 billion current USD +4.9%
1997 14.58 billion current USD +1.0%
1998 15.77 billion current USD +8.2%
1999 17.14 billion current USD +8.7%
2000 18.94 billion current USD +10.5%
2001 18.84 billion current USD -0.5%
2002 21.79 billion current USD +15.7%
2003 35.62 billion current USD +63.5%
2004 42.95 billion current USD +20.6%
2005 46.77 billion current USD +8.9%
2006 16.02 billion current USD -65.8%
2007 18.81 billion current USD +17.4%
2008 22.40 billion current USD +19.1%
2009 22.79 billion current USD +1.7%
2010 22.20 billion current USD -2.6%
2011 25.12 billion current USD +13.2%
2012 26.04 billion current USD +3.7%
2013 27.48 billion current USD +5.5%
2014 30.16 billion current USD +9.8%
2015 30.86 billion current USD +2.3%
2016 31.40 billion current USD +1.7%
2017 34.52 billion current USD +10.0%
2018 33.66 billion current USD -2.5%
2019 31.65 billion current USD -6.0%
2020 34.45 billion current USD +8.8%
2021 39.71 billion current USD +15.3%
2022 36.22 billion current USD -8.8%
2023 36.80 billion current USD +1.6%
2024 40.23 billion current USD +9.3%

Biggest year-on-year movements

Years where Military expenditure in IDA total changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2006 -65.8% 46.77 billion current USD 16.02 billion current USD
1975 +62.9% 3.83 billion current USD 6.24 billion current USD
2003 +63.5% 21.79 billion current USD 35.62 billion current USD

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.42 billion current USD 2.23 billion current USD 9.34 billion current USD 9
1980s 9.97 billion current USD 8.44 billion current USD 10.98 billion current USD 10
1990s 14.05 billion current USD 12.43 billion current USD 17.14 billion current USD 10
2000s 26.49 billion current USD 16.02 billion current USD 46.77 billion current USD 10
2010s 29.31 billion current USD 22.20 billion current USD 34.52 billion current USD 10
2020s 37.49 billion current USD 34.45 billion current USD 40.23 billion current USD 5

Countries ranked near IDA total

  1. 29 Norway 10.44 billion current USD compare
  2. 30 Pakistan 10.17 billion current USD compare
  3. 31 Denmark 9.96 billion current USD compare
  4. 32 Romania 8.72 billion current USD compare
  5. 33 Belgium 8.56 billion current USD compare
  6. 34 Greece 8.02 billion current USD compare
  7. 35 Iran 7.89 billion current USD compare

See the full ranking of 212 places →

More public sector data for IDA total

All data for IDA total →

Frequently asked questions

What is military expenditure in IDA total?
Military expenditure in IDA total was 40.23 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in IDA total?
The highest recorded value was 46.77 billion current USD in 2005.
What is the lowest military expenditure recorded in IDA total?
The lowest recorded value was 2.23 billion current USD in 1970.
How does IDA total rank for military expenditure?
IDA total ranks 32nd out of 44 groups with data for 2024.
Is military expenditure rising or falling in IDA total?
Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
Where does this IDA total data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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Military expenditure in IDA total. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/ida-total/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)